There is a sense of community and collaboration, which helps ideas and connections bump into each other and bounce back and forth. The physical space is typically well designed and aesthetically pleasing to encourage creativity and productivity. Coworking spaces also provide the "third place" that we all need to take care of ourselves in addition to home and work: we come together in a common space that breaks up the day so you can rejuvenate, refuel, recharge, socialize, coordinate with others, build relationships, meet new people. But it's not just about the light bulb moments—coworking spaces also provide the tools you need for your job: fast internet speed, access to printers, scanners etc.
Different people have different lifestyles and work environments, but co-working is a fusion of those two worlds. The benefits of co-working spaces are increased collaboration, increased productivity, and less distraction.
Co-working is a type of work that requires freelancers, entrepreneurs, and employees to share the same physical space. It's a great way for members to bounce ideas off each other, form connections and tackle projects. The leasing cost of an office is often much higher than co-working. This makes office on rent an economical and affordable option.
Shared office space provides more of an "office" vibe, whereas co-working is meant to promote collaboration and creativity. Coworkers are usually freelancers, startups, or entrepreneurs.